Mastering the metropolis through research and thought leadership.

Topic: Mortgages

Interviews

How to Succeed as a Real Estate Professional Carl Tash, Managing Director and Chief Investment Officer, Starwood Capital Group
Distress and Opportunities in the Commercial Credit Markets Spencer B. Haber, CEO, H/2 Capital Partners LLC

Working Papers

#822 · Affordability, Financial Innovation, and the Start of the Housing Boom Jane K. Dokko, Benjamin J. Keys and Lindsay E. Relihan
#820 · Credit Risk Transfer, Informed Markets, and Securitization Susan M. Wachter
#808 · Interest Rate Pass-Through: Mortgage Rates, Household Consumption, and Voluntary Deleveraging Marco Di Maggio, Amir Kermani, Benjamin J. Keys, Tomasz Piskorski, Rodney Ramcharan, Amit Seru and Vincent Yao
#806 · Credit Risk, Informed Markets, and Securitization: Implications for CRT and GSEs Susan M. Wachter
#803 · Accessing Homeownership With Credit Constraints Arthur Acolin, Laurie Goodman and Susan M. Wachter
#301 · The Hazard Rates of First and Second Default Brent W. Ambrose and Charles A. Capone
#322 · Mortgage Terminations, Heterogeneity and the Exercise of Mortgage Options Yongheng Deng, John M. Quigley and Robert Van Order
#349 · The Evolution of Real Estate in the Economy Dapeng Hu and Anthony Pennington-Cross
#361 · Subordinated Rolling Equity: Analyzing Real Estate Loan Default in the Era of Securitization Georgette Chapman Poindexter
#385 · Determinants of Commercial Mortgage Choice Timothy J. Riddiough
#410 · Does Credit Quality Matter for Homeownership? Irina Barakova, Raphael Bostic, Paul S. Calem and Susan M. Wachter
#414 · Defaults in Securitized Real Estate Loans Georgette Chapman Poindexter
#434 · Housing’s Virtuous Cycle Mark M.Zandi
#457 · Two Decades of Multifamily Financing Donald S. Bradley, Frank E. Nothaft and Michael A. Schoenbeck
#461 · Bank Lending and Real Estate in Asia: Market Optimism and Asset Bubbles Winston T.H. Koh, Roberto S. Mariano, Andrey D. Pavlov, Sock Yong Phang, Augustine H. H. Tan and Susan M. Wachter
#471 · Diverging Values and Fundamentals: A Phase or A Transformation? Charles F. Lowrey
#472 · Housing’s Changing Role in the Business Cycle Susan M. Wachter and Mark Zandi
#518 · Real Estate Crashes and Bank Lending Andrey D. Pavlov and Susan M. Wachter
#532 · Bank Lending and Real Estate in Asia: Market Optimism and Asset Bubbles Winston T.H. Koh, Roberto S. Mariano, Andrey D. Pavlov, Sock Yong Phang, Augustine H. H. Tan and Susan M. Wachter
#565 · State and Local Anti-Predatory Lending Laws: The Effect of Legal Enforcement Mechanisms Susan M. Wachter, Raphael Bostic, Kathleen Engel and Anthony Pennington-Cross
#566 · Aggressive Lending and Real Estate Markets Andrey D. Pavlov and Susan M. Wachter
#573 · How Rising Housing Prices Have Stimulated U.S. Consumption Anthony Downs
#585 · The Housing Finance Revolution: Implications for the Subprime Market Richard K. Green and Susan M. Wachter
#607 · Subprime Lending and House Price Volatility Andrey D. Pavlov and Susan M. Wachter
#609 · Net Worth and Housing Equity in Retirement Todd Sinai and Nicholas S. Souleles
#610 · Housing and Behavioral Finance Christopher J. Mayer and Todd Sinai
#611 · Tax Expenditures for Owner-Occupied Housing: Deductions for Property Taxes and Mortgage Interest and the Exclusion of Imputed Rental Income James Potherb and Todd Sinai
#613 · Mortgage Put Options and Real Estate Markets Andrey D. Pavlov and Susan M. Wachter
#614 · Incentives for Mortgage Lending in Asia Richard Green, Roberto S. Mariano, Andrey D. Pavlov and Susan M. Wachter
#616 · The Capital Markets Disarray Peter Linneman
#617 · Anatomy of the Housing Market Boom and Correction Kenneth T. Rosen
#618 · The Wild Ride of Mortgage-Backed Securities Stephen A. Roth
#628 · Income Tax Provisions Affecting Owner-Occupied Housing: Revenue Cost and Incentive Effects James Potherb and Todd Sinai
#629 · Tax Expenditures for Owner-Occupied Housing: Deductions for Property Taxes and Mortgage Interest and the Exclusion of Imputed Rental Income James Potherb and Todd Sinai
#632 · The Subprime Mortgage Market and the Valuation of Subprime Bonds William R. Greenberg and Brook S. Payner
#633 · The Premature Pricing of Commercial Real Estate Distress Neil Barve, Aaron Bryson, Tee Yong Chew and Wei Jin
#639 · Credit Impairment and Housing Tenure Choice Paul S. Calem, Simon Firestone and Susan M. Wachter
#641 · The Paradox of Commercial Real Estate Debt Georgette Chapman Phillips
#643 · Sustainable Homeownership Paul S. Calem, Marsha J. Courchane and Susan M. Wachter
#644 · Systemic Risk Through Securitization: The Result of Deregulation and Regulatory Failure Patricia A. McCoy, Andrey D. Pavlov and Susan M. Wachter
#646 · Explaining the United States’ Uniquely Bad Housing Market Jesse M. Abraham, Andrey D. Pavlov and Susan M. Wachter
#653 · Mortgage Product Substitution and State Anti-Predatory Lending Laws: Better Loans and Better Borrowers? Raphael Bostic, Souphala Chomsisengphet, Kathleen C. Engel, Patricia A. McCoy, Anthony Pennington-Cross and Susan M. Wachter
#654 · The Ongoing Financial Upheaval: Understanding the Sources and Way Out Susan M. Wachter
#655 · Subprime Lending and Real Estate Prices Andrey D. Pavlov and Susan M. Wachter
#662 · Black Swans in Blue Suits Bowen H. McCoy
#665 · Housing Busts and Household Mobility Fernando Vendramel Ferreira, Joseph Gyourko and Joseph Tracy
#667 · Securitization: Cause or Remedy of the Financial Crisis? Adam J. Levitin, Andrey D. Pavlov and Susan M. Wachter
#668 · The Need for Government Intervention to Protect and Advance the Public Interest in Consumer and Mortgage Credit Markets Eric S. Belsky and Susan M. Wachter
#670 · The Great Capital Strike Peter Linneman and Man Cho
#671 · Bad and Good Securitization Susan M. Wachter
#674 · Anatomy of a Crisis Bowen H. McCoy
#679 · Can Cheap Credit Explain the Housing Boom? Edward L. Glaeser, Joshua D. Gottlieb and Joseph Gyourko
#681 · Revenue Costs and Incentive Effects of the Mortgage Interest Deduction for Owner-Occupied Housing James Potherb and Todd Sinai
#688 · Forces Influencing the Housing Market Recovery Kenneth T. Rosen
#689 · Explaining the Housing Bubble Adam J. Levitin and Susan M. Wachter
#690 · Implications of the Housing Market Bubble for Sustainable Homeownership Paul S. Calem, Leonard Nakamura and Susan M. Wachter
#691 · Information Failure and the U.S. Mortgage Crisis Adam J. Levitin and Susan M. Wachter
#699 · Commercial Real Estate Capital Markets Bowen H. McCoy
#713 · Housing Busts and Household Mobility: An Update Fernando Vendramel Ferreira, Joseph Gyourko and Joseph Tracy
#715 · The Rise, Fall, and Return of the Public Option in Housing Finance Adam J. Levitin and Susan M. Wachter
#717 · The Housing Bubble Adam J. Levitin and Susan M. Wachter
#718 · Why Housing? Adam J. Levitin and Susan M. Wachter
#723 · The Public Option in Housing Finance Adam Leviti and Susan M. Wachter
#728 · What Next for Housing Finance? Adam J. Levitin and Susan M. Wachter
#730 · The Past, Present, and Future of CMBS Sam Chandan
#731 · Perspectives on the REIT Industry Samuel Zell
#744 · Unemployment and Unobserved Credit Risk in the FHA Single Family Mortgage Insurance Fund Joseph Gyourko and Joseph Tracy
#745 · Mortgage Default Option Mispricing and Procyclicality Andrew Davidson, Alex Levin and Susan M. Wachter
#746 · Second Discussant Comment on “The Future of U.S. Housing Finance Reform” Susan M. Wachter
#747 · The Commercial Real Estate Bubble Adam J. Levitin and Susan M. Wachter
#751 · The Vulnerability of Minority Homeowners in the Housing Boom and Bust Patrick Bayer, Fernando Vendramel Ferreira and Stephen L. Ross
#763 · Transparency in the Mortgage Market Andrey D. Pavlov, Susan M. Wachter and Albert Alex Zevele
#766 · Credit Supply and Housing Prices in National and Local Markets Susan M. Wachter
#767 · The Housing and Credit Bubbles in the US and Europe: A Brief Comparison Susan M. Wachter
#775 · Second-Liens and the Leverage Option Adam J. Levitin and Susan M. Wachter
#780 · HECM Reverse Mortgages: Is Market Failure Fixable? Jack Guttentag
#783 · A New Look at the U.S. Foreclosure Crisis: Panel Data Evidence of Prime and Subprime Borrowers from 1997 to 2012 Fernando Vendramel Ferreira and Joseph Gyourko
#785 · Second Liens and the Leverage Option Adam J. Levitin and Susan M. Wachter
#789 · CMBS and Conflicts of Interest: Evidence from a Natural Experiment on Servicer Ownership Maisy Wong
#792 · Homeownership and the Use of Nontraditional and Subprime Mortgages Arthur Acolin, Raphael W. Bostic, Xudong An and Susan M. Wachter
#793 · Borrowing Constraints and Homeownership over the Recent Cycle Arthur Acolin, Jesse Bricker, Paul S. Calem and Susan M. Wachter
#795 · What Drives Racial and Ethnic Differences in High Cost Mortgages? The Role of High Risk Lenders Patrick Bayer, Fernando Vendramel Ferreira and Stephen L. Ross
#796 · Why are aggressive mortgage products bad for the housing market? Andrew Davidson, Alex Levin, Andrey D. Pavlov and Susan M. Wachter
arrow_drop_up